Sector: Diversified Investments
Latest Quote @ Wed Jun 6 02:41:06 (15 min delayed)
Last Day's Data
Mesabi Trust, a grantor trust, holds overriding royalty rights in mineral properties in the United States. The trust holds interests in certain properties in the Mesabi Iron Range, including its interest as assignor in the Amended Assignment of Peters and the Amended Assignment of Cloquet Lease, which cover properties aggregating approximately 9,750 contiguous acres in St. Louis County, Minnesota. It also holds beneficial interests in Mesabi Land Trust, which has a 20% interest as fee owner in the Peters Lease Lands, as well as a 100% fee ownership in certain nonmineral-bearing lands adjacent to the Peters and Cloquet Lease Lands. The Peters and Cloquet Lease Lands are located at the eastern end of the Mesabi Iron Range and contain low-grade iron ore, known as taconite. Mesabi Trust was formed in 1919 and is based in New York City.